Types Of Bankruptcy

U.S. files civil charges against former Fannie Mae chief  The government on Monday filed civil charges against former Fannie Mae chief Franklin Raines and two other executives, seeking fines and the return of millions in bonus money.Commentread more...


Contractors hired for training facility  Quincy aldermen hired two contractors Monday to start work on an emergency training facility.via


Gas Prices Not Lining Retailers' Pockets  via


UBL launches new mortgage financing (MENAFN)  UBL launches new mortgage financingread more...


Linear Thinking Can Kill Retirement Dreams, says TD Waterhouse  With Canadian household debt increasing, the question of whether to pay down debt or invest for the future is on more people's minds.Commentread more...


Magazine holds open audition for designers  "You have to get a lot of things done quickly. I really do enjoy it." West Hollywood, Calif. -- A long line of hopefuls queued up in the morning

October 3rd, 2007

Greenspan defends subprime mortgage market (USA Today)

Former Federal Reserve chairman Alan Greenspan defended the U.S. subprime mortgage market, arguing the repackaging and sale to investors of risky home loans not the loans themselves was to blame for the current global credit crisis.

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